Financing

Murabaha Financing: - A contract of promise to sell and to buy commodity, machinery, vehicle etc on agreed profit added to the cost (mark-up).

Ijaraha Financing: - is a form of financing applicable to financing and operating leases of properties.

Salam: - is a sale whereby the seller undertakes to supply some specific goods to the buyer at a future date in exchange of an advanced price fully paid at spot. Salam is used to finance agricultural like goods.

Istisna: - Sales transaction concluded before the commodity came into existence. CBO shall act as a manufacturer or constructor to undertake house construction, plant, power station, roads projects etc as per specification.